Source: Raiders Stadium Will Cost $200M Less Owners Set To Approve Raiders' Vegas Move? Golden Knights' Practice Facility To Be Top-Flight Mayor Makes Last-Ditch Effort To Keep Raiders St. Louis MLS Investors Hopeful Funding Vote Passes Georgia State Updates Turner Field Construction Rays' Ballpark Site Search Still Complicated Braves Will Help Fans With SunTrust Traffic Raiders' Vegas Stadium Financing Remains Complicated Sacramento, Kings To Refinance '97 Arena Loan
SBD/October 12, 2011/Facilities
Raiders Examine Future In Oakland With O.co Coliseum Contract Expiring After '13 Season
Published October 12, 2011
MOVING ISSUES: YAHOO SPORTS’ Jason Cole wrote for fans who “think the Raiders are on the first Southwest flight from the Oakland Airport to LAX, just hold on for a second.” For that to happen, Raiders Owner the Davis family “would likely have to sell the team outright.” Sources said that both of the current L.A. stadium proposals “include those entities buying a share of the team that comes there.” Sources said that AEG Chair Phil Anschutz has asked franchises looking at a potential move to the proposed Farmers Field "for anywhere from 30 to 50 percent of a team at a discounted rate.” Majestic Realty Chair & CEO Ed Roski has “asked for less (one AEG source has put it at a nominal 5 to 10 percent).” However, a source said that Roski’s group “was not particularly focused on the Raiders at this point because of the questions about how much the Davis family really owned.” Cole wrote unless “demands are significantly lowered, the Raiders can’t really go to the AEG site unless the Davis family simply wants to sell, and going to the Roski site would also weaken the family’s share significantly.” For now, any sale of the team “seems improbable.” The NFL’s “preference (not a strong one) is that the Raiders stay in Oakland and eventually share a stadium” with the 49ers. Cole: “Ultimately, that may be the easiest way for the Davis family to stay as the owners” (SPORTS.YAHOO.com, 10/11).